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Cypress Solution eNews 
August 30, 2012 – Cypress Benefit Administrators
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topIn This Issue:
cypresscapCypress Benefit Administrators Announces New Captive Insurance Program 
Designed specifically for employers with at least 50 employees, CypressCap provides an alternative solution to the ever-increasing cost of group health plans. The program is structured as a Group Captive - a format that has been used for other lines of insurance for decades, and which is only recently being considered for health benefits. CypressCap offers employers the many proven benefits of Group Captive strategies, including reduction of rate volatility and administrative expenses, retention of Carrier profits, efficient claims administration, improved/stable cash flow and more. Learn more.   <back to top>
umEmerging Costs of Outpatient Procedures: Applying Utilization Management 
Over the past 20 years, there has been an emerging trend of outpatient treatment centers in an effort to combat rising costs of the U.S. health care system. For payers, the question arises to how best manage claim expenses for outpatient procedures. Utilization management programs - using precertification rules and evidence-based medicine guidelines for the frequency and appropriateness of outpatient services - are a dependable strategy.  Learn more    
phtechCypress Benefit Administrators, PH Tech Announce Strategic Partnership  
Portland, Ore.  (August 20, 2012) -- Cypress Benefit Administrators has announced a strategic partnership with PH Tech, a Salem, Ore.-based TPA, that will allow PH Tech's clients to seamlessly move their TPA business to Cypress as a result of PH Tech's recent decision to exit the self-funded benefit administration business.  Read the full release.   <back to top>
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Cypress Benefit Administrators